Soitec Announces Project Financing for Concentrated Solar Photovoltaic Power Project in Western Cape

Soitec, a manufacturer of semiconductor materials for the electronic and energy industries, announced project financing for the construction of a concentrated photovoltaic power project in Touwsrivier, Western Cape, South Africa.

The financing will be provided by Investec Bank Ltd. Investec will also raise equity for the construction of the project. The total installed capacity of the project will be 50 MW. The financial agreements are expected to be finalized by the end of second quarter of 2012.

- The deal report analyses Soitec announcement of project financing for a 50 MW Concentrated Solar Photovoltaic Power Project in Western Cape, South Africa.
- It covers the rationale behind the deal, comparable deals, key feature and drivers, and brief profile of the company
- Rationale behind the deal
- Comparable deals
- Key features of deal which include key details of project
- Key drivers give the information about the Soitec’s strength, and other conditions favorable for deal
- This in the report is helpful to know the latest deal trends and development in renewable sector of South Africa. This might also helpful to respond to competitors’ business structure, strategy and prospects.